David Zapolsky - May 21, 2024 Form 4 Insider Report for AMAZON COM INC (AMZN)

Signature
/s/ by Mark F. Hoffman as attorney-in-fact for David Zapolsky, Senior Vice President, Global Public Policy & General Counsel
Stock symbol
AMZN
Transactions as of
May 21, 2024
Transactions value $
-$1,721,603
Form type
4
Date filed
5/23/2024, 05:40 PM
Previous filing
Apr 3, 2024
Next filing
Jul 1, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMZN Common Stock, par value $.01 per share Options Exercise $0 +11.4K +19.22% $0.00 70.5K May 21, 2024 Direct
transaction AMZN Common Stock, par value $.01 per share Options Exercise $0 +3.24K +4.6% $0.00 73.7K May 21, 2024 Direct
transaction AMZN Common Stock, par value $.01 per share Sale -$1.38M -7.59K -10.3% $181.23 66.1K May 21, 2024 Direct F1, F2
transaction AMZN Common Stock, par value $.01 per share Sale -$346K -1.9K -2.87% $182.14 64.2K May 21, 2024 Direct F1, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction AMZN Restricted Stock Unit Award Options Exercise $0 -11.4K -14.11% $0.00 69.2K May 21, 2024 Common Stock, par value $.01 per share 11.4K $0.00 Direct F4, F5
transaction AMZN Restricted Stock Unit Award Options Exercise $0 -3.24K -3.28% $0.00 95.6K May 21, 2024 Common Stock, par value $.01 per share 3.24K $0.00 Direct F4, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 11/13/2023.
F2 Represents the weighted average sale price. The highest price at which shares were sold was $181.75 and the lowest price at which shares were sold was $180.80.
F3 Represents the weighted average sale price. The highest price at which shares were sold was $182.63 and the lowest price at which shares were sold was $181.80.
F4 Converts into Common Stock on a one-for-one basis.
F5 This award vests based upon the following vesting schedule: 2,960 shares on each of May 21, 2022, August 21, 2022, and November 21, 2022; 2,980 shares on February 21, 2023; 3,940 shares on each of May 21, 2023, August 21, 2023, November 21, 2023, and February 21, 2024; 11,360 shares on each of May 21, 2024, August 21, 2024, and November 21, 2024; 11,380 shares on February 21, 2025; 8,760 shares on each of May 21, 2025, August 21, 2025, and November 21, 2025; and 8,780 shares on February 21, 2026.
F6 This award vests based upon the following vesting schedule: 2,260 shares on May 21, 2023; 2,240 shares on each of August 21, 2023, November 21, 2023, and February 21, 2024; 3,240 shares on each of May 21, 2024, August 21, 2024, November 21, 2024, and February 21, 2025; 3,940 shares on each of May 21, 2025, August 21, 2025, and November 21, 2025; 3,920 shares on February 21, 2026; 9,920 shares on May 21, 2026; 9,900 shares on each of August 21, 2026, November 21, 2026, and February 21, 2027; 7,640 shares on May 21, 2027; and 7,620 shares on each of August 21, 2027, November 21, 2027, and February 21, 2028.

Remarks:

The reporting person undertakes to provide, upon request by the staff of the SEC, the issuer, or a security holder of the issuer, full information regarding the number of shares transacted at each price, with respect to all transactions reported on this Form 4.